San Francisco, Panama
San Francisco
The Cost Of Living In San Francisco, Panama City, Panama
Panama uses the U.S. dollar.
Apartment Or House Ownership Budget (For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Mortgage | – | Not included here as too variable. |
| HOA Fees | – | Variable and paid on a per-square-meter basis. Budget US$1.50 per square meter for a mid-range property and US$3 per square meter for a luxury property. Amount depends on amenities, number of people living in the building, and the level of quality of the unit. |
| Property Taxes | – | Not included here as too variable. |
| Transportation | US$175 | Fuel and maintenance for a private vehicle plus the occasional cab or public transportation. |
| Gas | US$5 | A tank of cooking gas generally lasts longer than one month. |
| Electricity | US$200 | Using air conditioning. This will vary greatly depending on use. |
| Water | US$10 | Most new condos include the water bill in the maintenance fee. |
| Cell Phone | US$40 | Basic Tigo plans for two people. |
| Internet | US$65 | For a Tigo plan with high-speed internet (750 Mbps) and 220 TV channels. |
| Cable TV | – | Bundled with internet. |
| Household Help | US$280 | For a five-hour day twice a week. Comes out to US$35 per day. |
| Entertainment | US$653 | Eating out twice a week at a mid-range, local restaurant: US$100. Local drinks twice a week at a nearby watering hole: US$60. Movie theatre trip twice a month: US$13 (US$3.25 per ticket for seniors). |
| Groceries | US$500 | Shopping at local supermarkets and PriceSmart. |
| Gym Membership | US$62 | Two all-inclusive plans at Smart Fit gym per month. |
| Medical Appointment | US$25 | A general consult at a private clinic. |
| TOTAL | US$2,015 | Doesn’t include property taxes, mortgage, or HOA fees. |
Apartment Or House Rental Budget (For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$1,500 | Cost of a two-bedroom furnished apartment in a central location. |
| Transportation | US$175 | Fuel and maintenance for a private vehicle plus the occasional cab or public transportation. |
| Gas | US$5 | A tank of cooking gas generally lasts longer than one month. |
| Electricity | US$200 | Using air conditioning. This will vary greatly depending on use. |
| Water | US$10 | Most new condos include the water bill in the maintenance fee. |
| Cell Phone | US$40 | Basic Tigo plans for two people. |
| Internet | US$65 | For a Tigo plan with high-speed internet (750 Mbps) and 220 TV channels. |
| Cable TV | – | Bundled with internet. |
| Household Help | US$280 | For a five-hour day twice a week. Comes out to US$35 per day. |
| Entertainment | US$653 | Eating out twice a week at a mid-range, local restaurant: US$100. Local drinks twice a week at a nearby watering hole: US$60. Movie theatre trip twice a month: US$13 (US$3.25 per ticket for seniors). |
| Groceries | US$500 | Shopping at local supermarkets and PriceSmart. |
| Gym Membership | US$62 | Two all-inclusive plans at Smart Fit gym per month. |
| Medical Appointment | US$25 | A general consult at a private clinic. |
| TOTAL | US$3,515 |
Penny-Pincher’s Budget (Bare Minimum Costs, For A Couple)
| Expense | Monthly Costs | Notes |
|---|---|---|
| Rent | US$900 | Basic two-bedroom unfurnished apartment. |
| Transportation | US$100 | Walking/cycling wherever possible and using public transportation and cabs. |
| Gas | US$5 | A tank of cooking gas generally lasts longer than one month. |
| Electricity | US$120 | Using air conditioning at night and fans during the day. |
| Water | US$10 | Most new condos include the water bill in the maintenance fee. |
| Cell Phone | US$40 | Basic Tigo plans for two people. |
| Internet | US$53 | For a Tigo plan with high-speed internet (300 Mbps) and 220 TV channels. |
| Cable TV | – | Bundled with internet. |
| Entertainment | US$327 | Eating out once a week at a mid-range, local restaurant: US$50. Local drinks once a week at a nearby watering hole: US$30. Movie theatre trip once a month: US$6.50 (US$3.25 per ticket for seniors). |
| Groceries | US$350 | Shopping at local supermarkets, farmer’s markets, and buying all local-brand products. |
| TOTAL | US$1,905 |
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